Steve Sosnick, Interactive Brokers’ chief strategist, discusses the market dynamics amid a closely watched earnings season.
Investors found some solace in the solid earnings performance of the flagship tech giants such as Amazon (AMZN), Facebook (FB) and Google parent Alphabet (GOOGL).
Photo Credit: Markus Trienke via Flickr Creative Commons
IBM buying RIM’s Enterprise unit would be, “like an organ donor giving up his heart while he was still alive.” Still, the BlackBerry maker should take any deal.
After a secular rise in equity prices in 2023 and 2024, extended valuations and high concentration laid the groundwork for factors to stabilize market excesses. In the context of risk efficiency, the factor-driven narrative becomes even more compelling.
Prices are unlikely to decline substantially in the near future
As stocks extended their tech-lead advance, AI names powered the gains in the S&P 500 and the Nasdaq Composite.
